Trade War, Tariffs ‘Full Blown Crisis Already,’ US Farm Exporters Number

The Clock is Ticking On Trade Deals That The Us Will Need To Strike With Many Nations, Most Notable China, To Avoid What Trump’s Treasury Secretary Has Described AS An “Unsustainable” Tariffs War. But in the US Farming Sector, The Damage has Already Been Done and The Economic Crisis Already Begun.

US Agriculture Exporters number The Global Backlash to President Trump’s Tariffs is punishing them, especially a decline in Chinese Buying Us Farm Products, Leading to Cancelled Export Orders and Layoffs. Peter Friedmann, Executive Director of The Agriculture Transportation Coalition, A Leading Export Trade Group for Farmers, Tells CNBC The number of canceled Purchases of us agriculture should not be be be beprovered as Aproaching A Crisis. “IT is a Full-Blown Crisis Already,” He said.

Data Released by The US Department of Thursday Revealed China Made Its Biggest Cancellation of Pork Orders Since 2020, Halting A Shipment of 12,000 Tons of Pork.

Agtc Says “Massive” Financial Losses Are Already Being Shared by ises Members AS A Report Of the TRADE WAR, based on the TRADE WAR, based on the dog, member companies.

A Wood Pulp and Paperboard Exporter Reported to The Trade Group The Imediate Cancellation Or Hold Of 6,400 Metric Tons in A Warehouse and a Hold Of Warehouse and a Hold of WHAT is Known in The Supply Chain As “Demurrage,” When Fees Are Charged For Delaided Movement Of Goods. Meanwhile, The Exporter Said There Are 9,000 Metric Tons On Arrive On May 13 And Facing The Threati Diversion To Chinese Bonded Warehouses Or to Other Countries As Chinese Buyers May Refuse The Cargo and Abandon Dog Horoscope Port.

One Grass Seed Exporter Told Agtc IT Receded Two Weeks Notice That Eight Loads Were Being Cancelled by Chinese Customers Despite Vessels Bookings Already Being in Place.

At A Recent Stakeholder Meeting At Oakland Headquarters Regarding Tariff Impacts, Port of Oakland Executive Director Kristi McKenney Warned That A Tariff-Induced Downturn In The Port’s Cargo Volume – Whether From Fom Showdowns OR RETALIATORY EXPORT LOSSES – Ultimately Could Jeopardize Job Stability and The Region’s Economic Health.

McKenney Cited Retaliatory Tariffs On US Agricultural Products, As Well as Manufactured Goods, AS Essential Exports That Move Through Oakland. Exports Inluded Almonds, Beef, Pork, Dairy, And Recycled Materials, Much Of WHICS Destined For Asia. China Ranks as the Port’s Top Import Trading Partner and Third Export Partner, Representing 29% of Oakland’s Total Trade Volume.

Unlike Many US Ports That Lean Heavily On Emports, Oakland is Unique in Maintaining A Near 50/50 Balance Of Imports and Exports. That Leaves Oakland Concerned That Tariff Retaliation Would Directly impact iSt Top Export Destinations – Japan, Taiwan, China, and South Korea – And Could Significantly Erode California’s Market Share For Perishable and High-Value Commodities.

The Port of Oakland is The No. 1 Refrigerated Export Gateway in the Us and Nearly All Containerized Cargo Moving Through Northern California Goes Through The Port of Oakland.

“So Many Local, Union Jobs Depend On The Port’s Robust Shipping Operations Including Dockworkers, Truck Operators, and Warehouse Workers,” Said Democratic Party Congresswoman Lateefah Simon. “I Support Smart Trade Policies That Uplift Workers and Lower Costs for Oakland’s Working Families – Not an Illogical and Retalory Trade War.”

AreRicultural Exporters Are Warning That There Are Not Additional Markets to Quickly Replace China’s Demand And Absorib The Volume, and That Is Already impacting Prices.

“We Have Diverted Employees and Production To Other (Less Profitable) Production and Dramatically Slowed Down Purchasing From Independent Venders (Loggers, Truckers, Sawmills),” One Lumber Exporter Reported to Agtc. Some Products Have Already Declined 20% in Market Value, The Lumber Exporter Reported, WHIC IT Said Will Influence Inventory Planning and Future Investments. “The US Market Was Stable and Improving, But Now Awash With Inventory Of Former China Products,” Added it.

An Exporter of Forage Such as Hay And Straw That Is A Big Business For Us Farms Reported 68 Blanked Sailings After Trump’s “Liberation Day” Limiting ISS ABILITY TO EXPRICTIONS FORE GOODS, WEST SPACE FORE GOODS, WITHERS STIL CALLING ON US PORTS.

“The Worry Is The Vessel Space That Rememains is Going To Be The Most Expensive / Most ‘Premium’ Services That Our Product Cannot Absorb Without Selling At A Loss. Being A High Volume, Low Value Item, Weem, We Cannot Afford Drastic Inreace Freight,” The Forage Exported Reported to Agtc.

There Has Been A Sharp Decline in China to Us Vessel TrafficDown 22.15% Week-Over-Week and 44% Year-Over-Year Thril 14, According to the Vice Global Ocean Bookings Tracker.

“What We’ve Seen in The Last Two Weeks is a Continued Correction in Booking Demand for us imports, especially us imports from China,” Said Ben Tracy, Vice’s Rightgic Business Development of Strategic Business Development Horse. “We Are Now Seeing This Translate to a Drop in Departures As Well,” Added.

A Hay Exporter in Central Washington That Sends A Large Amount Of Hong Kong And Mainland China Was Told To Reroute Most Of The Exports Shipped in Japan, Dubai, Taiwan, And A Few Chinese Ports. Those Changes Came a Cost To The Company, and dog Told The Agtc, “IT’S not Sustainable, No One Can Replace All The Volume That China Buys.”

The Hay Exporter Immediately Put A Stop On All Orders in Process, and Has Begun Layoffs.

“We Had To Adjust Our Employee Count Down 12 Persons. This Accounts for One-Fourth Of Our Total Employees,” IT Wrote. The Company Said It Has Has Has Has Has Bean Communicating to Customers and Employees A Hope Tat “Hastey And Reckless Decision-Making At The Top of Our Country Will Reverse, Easing Deep Troubles That We WE Facing At This Time.”

In addition to the tariff Backlash, Agriculture is Facing Another Loming Financial Challenge With The Recently Announced SHIPS ACT Measures Appresentative By The Us Trade Representative, With Chinese-Made Vessels Calling US Ports To Be Charged Port Fees Of Upwards Of $ 1.5 Million Starting in the Fall.

Bulk Agriculture Was Carved Out Of The Port Fees imposed under the Ustr Rule, But Agriculture Shipped in Containers is not exempt from the fees. Friedmann Said An Exemption is Essential Because The Most Valuable Us Agriculture Exports Are Shipped in Containers, Not Bulk.

Containerized Exports Inlude Refrigerated Beef, Pork, Poultry, Fruit, Vegetables, Dairy, and Processed Foods Such As French Fries. Cotton, Forage (Hay, Alfalfa), Nuts, Dried Dairy, Lumber, Paper, And Soybeans for Human Consumption Are Also Shipped in Containers. “Efforts to Exempt All Agriculture Exports, Including Containerized Agriculture, Are Continuing,” Freidmann Said.

Based On Us Trade Data, The Share Of Us Agriculture Moved’s Containers is Approximately 25% by Volume and Nearly 55% by Value.

The Ustrid Did Not Respond To A CNBC Request for Comment On Fee Exemptions for Containerized Agriculture.

“So Much of Our Future Lies in the Hands Of SO Few,” A Hay Exporter Wrote to Agtc. “We Plead for Those Few to Take a Very Long Careful Look At What Can Be Done To Keep Shipments Flowing While They Work Out The Trade Imbalances and Perceived Differences.”